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Filing year 2024

IMPACT FOUNDATION

Cambridge, Minnesota·EIN 41-1901660·NTEE T90Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$99k
Total assets
$1.3M
Total expenses
$196k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. IMPACT FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Ceo/president
Cfo/treasurer/vp

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$192k

Itemized grants

20

Median grant

$4k

RecipientLocationPurposeAmount
CALVARY CHURCHROSEVILLE, MNGENERAL DONATION$53k
BETHLEHEM COLLEGE & SEMINARYMINNEAPOLIS, MNGENERAL DONATION$40k
THE NORTH CHURCHST PAUL, MNGENERAL DONATION$20k
READ MINISTRIESCAMBRIDGE, MNUKRAINE RELIGIOUS MINISTRY$15k
MINNESOTA FAMILY INSTITUTEMINNEAPOLIS, MNFAMILY RELIGIOUS MINISTRY; FUNDRAISER TABLE SPONSORSHIP$13k
YOUNG LIFE NORTHERN TWIN CITIESROSEVILLE, MNYOUTH LIFE CLUB$13k
HOPE UNITED CDCMINNEAPOLIS, MNGENERAL DONATION$5k
TEN20 WORDSST PAUL, MNGENERAL DONATION$5k
PIONEERSORLANDO, FLGENERAL DONATION TO ORGANIZATION$4k
TCT NETWORKMARION, ILGENERAL DONATION$4k
EQUIPNET INTERNATIONALALAMO, CAGENERAL DONATION$3k
HEALING HAITICHAMPLIN, MNGENERAL DONATION$3k
CRUORLANDO, FLGENERAL DONATION$3k
ARRIVE MINISTRIESRICHFIELD, MNGENERAL DONATION$2k
SHEPARDS FOUNDATIONISANTI, MNGENERAL DONATION$2k
WORLD RELIEF WISCONSINAPPLETON, WIGENERAL DONATION$2k
YOUNG LIFE MINNEAPOLISMINNEAPOLIS, MNGENERAL DONATION$2k
SOCIETY OF ANGLICAN MISSIONARIESAMBRIDGE, PAGENERAL DONATION$2k
MN ADULT & TEEN CHALLENGEMINNEAPOLIS, MNGENERAL DONATION$1k
YOUNG LIFE EAST CENTERCAMBRIDGE, MNYOUTH LIFE CLUB$1k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

IMPACT FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$114k
$193k
2023
$99k
$196k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

IMPACT FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota
FAQ

Common questions about IMPACT FOUNDATION

What are IMPACT FOUNDATION's revenue and expenses?

In 2024, IMPACT FOUNDATION reported $99k in total revenue and $196k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.